Friday, May 28, 2021

Satoshi Nakamoto as the world's 20th richest man. He even surpassed the Waltons

The estate of Satoshi Nakamoto is one of the largest fortunes in the world. However, no known fortune has been immobilized since 10 [...] https://www.pinterest.com/pin/1085437947660215829/

Satoshi Nakamoto's fortune is one of the largest in the world. However, no known fortune has been immobilized for 10 years in one of the cryptocurrency wallets. Reject everything you know about finance, wealth and investing because the world has gone crazy. Up is down. Down is up. Imaginary digital assets are worth a fortune. It seems like every asset class is in full-on mania mode -Brian Warner, Celebrity Net Worth With a Bitcoin price of $61,000, the cryptocurrency's mysterious creator, Satoshi Nakamoto, becomes one of the 20 richest people in the world. Satoshi Nakamoto's wealth It is widely believed that a man named Satoshi Nakamoto registered a domain named Bitcoin.org in August 2007. Two months later, he published an article entitled "Bitcoin: a peer-to-peer electronic cash system" and sent it to a crypto mailing list. Nakamoto implemented the Bitcoin software on January 3, 2009. He mined it's "Genesis block" that day. How much was his reward at the time? 50 bitcoin. Those 50 coins from the Genesis block are now worth $3 million. In a nutshell, for the blockchain to work, Satoshi had to mine 50 coins every 10 minutes. He did this until he eventually accumulated a personal supply of 1 million coins. 1 million bitcoins is 4.8% of all bitcoins in circulation. That 1 million coins lay untouched in his public wallet for over a decade. They have not been accessed or spent since January 2009. Satoshi Nakamoto's wallet at $61,000 per BTC is worth $61 billion. A month ago, when BTC was trading at $48,000, Satoshi was one of the 30 richest people in the world. According to the ranking of the richest people in the world, Satoshi Nakamoto ranked 19th for a while. And that's when we also include Vladimir Putin on this list with an unconfirmed fortune of $70 billion. The position of the Bitcoin creator has increased not only thanks to the price of the most popular cryptocurrency. It was also influenced by the decline in the value of the assets of three members of the Walton family. Walmart's stock prices have fallen as much as 9% in the last month. What happened to Satoshi? No one knows. Two years after launching bitcoin, Nakamoto disappeared from the internet. April 23, 2011. Nakamoto sent programmer Mike Hearn an email that read: "I have taken care of other things". One million BTC belonging to Nakamoto still lies untouched in the digital wallet. How can you not take advantage of the opportunity to "cash out" $61 billion for yourself? Maybe Satoshi Nakamoto is dead? Or maybe he realizes that moving his funds could have a disastrous effect on how the market will react?   Tags bitcoin btc satoshi nakamoto's estate Satoshi Nakamoto

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